Daily FTSE China Bear 3X Shares Breaks Above 200-Day Moving Average - Bullish for YANG

In trading on Friday, shares of the Daily FTSE China Bear 3X Shares ETF ( YANG) crossed above their 200 day moving average of $26.08, changing hands as high as $26.16 per share. Daily FTSE China Bear 3X Shares shares are currently trading up about 5.4% on the day. The chart below shows the one year performance of YANG shares, versus its 200 day moving average:

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Daily FTSE China Bear 3X Shares 200 Day Moving Average Chart

Looking at the chart above, YANG's low point in its 52 week range is $18.09 per share, with $63.69 as the 52 week high point — that compares with a last trade of $26.19.

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